AWLT wines and gourmet food - Italy Direct Message Board

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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: Ferick who wrote (595)	3/9/1998 6:32:00 PM
From: JOE TURMAINE	of 2595

NED, would be very disappointed if AWLT management were to go the reverse split route. It would go to $1 then deteriorate back to 20 cents. This stock needs the confidence of its shareholders and the market in general. A reverse split is generally a losers flag and people will go out of their way to get out of the way. Product, profit, & PR will get the price up and the stock on the bigger board. Regardless of price we must be fully SEC reporting and compliant to get anywhere! Ned, are you an AWLT stockholder? As mentioned before, you've been "out of here" in the past. Do you have any information to share with us as to why you expect the reverse split?? Have you ever seen a reverse split that actually worked to the benefit of existing shareholder? We did close down 1 cent today, but the bid was 2 cents higher than Friday and that is a plus. Let's for the sake of NO argument assume this to be the start of better prices to come. Do you agree that this is an established bottom and that the price will go up from here or do you still envision further downward movement?? WHY for either! Thanks JOE

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